Institute for Wealth Management LLC. Has $677,000 Position in Vanguard Short-Term Corporate Bond ETF $VCSH

Institute for Wealth Management LLC. increased its stake in shares of Vanguard Short-Term Corporate Bond ETF (NASDAQ:VCSH) by 10.6% during the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 8,517 shares of the company’s stock after buying an additional 819 shares during the quarter. Institute for Wealth Management LLC.’s holdings in Vanguard Short-Term Corporate Bond ETF were worth $677,000 at the end of the most recent reporting period.

A number of other large investors have also added to or reduced their stakes in VCSH. Obermeyer Wealth Partners boosted its holdings in shares of Vanguard Short-Term Corporate Bond ETF by 15.6% in the 1st quarter. Obermeyer Wealth Partners now owns 129,354 shares of the company’s stock valued at $10,211,000 after purchasing an additional 17,430 shares in the last quarter. Virtus Family Office LLC boosted its holdings in shares of Vanguard Short-Term Corporate Bond ETF by 0.4% in the 1st quarter. Virtus Family Office LLC now owns 46,388 shares of the company’s stock valued at $3,662,000 after purchasing an additional 205 shares in the last quarter. Ritholtz Wealth Management acquired a new stake in shares of Vanguard Short-Term Corporate Bond ETF in the 1st quarter valued at $635,000. CWA Asset Management Group LLC boosted its holdings in shares of Vanguard Short-Term Corporate Bond ETF by 5.1% in the 2nd quarter. CWA Asset Management Group LLC now owns 154,893 shares of the company’s stock valued at $12,314,000 after purchasing an additional 7,566 shares in the last quarter. Finally, Mustard Seed Financial LLC boosted its holdings in shares of Vanguard Short-Term Corporate Bond ETF by 10.8% in the 2nd quarter. Mustard Seed Financial LLC now owns 115,358 shares of the company’s stock valued at $9,171,000 after purchasing an additional 11,284 shares in the last quarter.

Vanguard Short-Term Corporate Bond ETF Stock Down 0.2%

Shares of VCSH stock opened at $79.80 on Thursday. The stock’s fifty day moving average price is $79.69 and its two-hundred day moving average price is $79.12. Vanguard Short-Term Corporate Bond ETF has a fifty-two week low of $77.58 and a fifty-two week high of $80.14.

Vanguard Short-Term Corporate Bond ETF Dividend Announcement

The firm also recently announced a monthly dividend, which will be paid on Friday, October 3rd. Shareholders of record on Wednesday, October 1st will be issued a $0.2904 dividend. This represents a c) dividend on an annualized basis and a dividend yield of 4.4%. The ex-dividend date of this dividend is Wednesday, October 1st.

About Vanguard Short-Term Corporate Bond ETF

The Vanguard Short-Term Corporate Bond ETF (VCSH) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund tracks a market-weighted index of investment-grade, fixed-rate corporate bonds with maturities between 1 and 5 years. VCSH was launched on Nov 19, 2009 and is managed by Vanguard.